Quality Assurance Compliance Analyst
Responsibilities:
- Perform sampling of Mortgage loan files to demonstrate successful implementation of Compliance processes and controls, monitoring of high-risk compliance areas, and fair lending initiatives.
- Manage, track and report the Compliance Quality Assurance responses to Mortgage business unit inquiries.
- Ensuring root causes to HMDA data issues identified are addressed, collaborating with Mortgage Technology, Quality Assurance Compliance Specialists and the Business Units as needed.
- Collaborate with and support Quality Assurance Compliance Team with research of the regulations to validate internal and external audit findings and requirements for remedy.
- Monitor consumer complaint reporting for trending items, ensure full, timely remedy occurs for the borrowers and partner with the Quality Assurance Specialist to ensure any process/systemic root causes of complaints are addressed with the business units.
- Continuously participate in the improvement of operational compliance tools, as well as active involvement in other projects as required.
- Stay up to date on regulatory updates/ changes and pro-actively ensure actions are taken to educate FirstBank Mortgage associates on the changes and validate that policy and procedures are modified accordingly.
- Establish yourself as a subject matter expert on all FirstBank’s processes, products and services, maintaining a current and comprehensive knowledge base.
- Other duties as assigned.
What we Look For:
- Compliance experience in Secondary Mortgage
- Working knowledge of Federal and State regulations, particularly Mortgage Lending regulations is highly preferred.
- Ability to build rapport and trust with teams cross-functionally and across all levels
- Ability to thrive in a fast-paced company
- Proven experience successfully working in a confidential environment